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News

Chalhoub Group releases report on GCC beauty shopping

July 21, 2023
The GCC beauty market is experiencing a shift in perception from European ideals to embracing Arabic beauty and Middle Eastern features, according to Chalhoub Group’s comprehensive beauty report Decoding the…
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e-commerce News Start-ups

E-commerce and fintech start-ups led Mena venture capital funding in first half of 2023

July 18, 2023
E-commerce and fintech start-ups dominated venture capital financing in the Mena region during the first half of this year despite global economic headwinds, according to 1H 2023 MENA Venture Capital…
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metaverse
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metaverse

Metaverse might be failing, Gartner reveals

June 30, 2023
Retailers are not rushing into the metaverse as it doesn’t live up to their expectations, according to analyst firm Gartner. The document titled Emerging Tech: Adopter Anti-patterns – Metaverse Use…
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Fashion News

Retail fashion sales in Saudi Arabia to hit $32 billion by 2025, report shows

June 27, 2023
Retail fashion sales in Saudi Arabia are set to surge by 48 per cent and reach $32 billion by 2025, according to the report The State of Fashion in the…
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Arabian Centre
e-commerce Grocery News
Arabian Centre

Mena food delivery companies raked in $310 million in net profits in 2022, Teaser Platform finds

June 14, 2023
Mena food delivery companies recorded $310 million in net profits in 2022, reflecting a year-on-year increase of 36 per cent, according to market intelligence provider Teaser Platform’s new report. In…
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News

UAE consumers worry about global climate change, recession and unemployment, GfK finds

June 9, 2023
UAE consumers cite issues such as global climate change, recession and unemployment, and the cost of healthcare as primary concerns, according to the study Consumer Life Study by market and…
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e-commerce News

UAE e-commerce market to reach $17.2 billion by 2027, Tradeling reveals

April 4, 2023
The UAE e-commerce market is poised to generate $17.2 billion in revenue by 2027, experiencing an annual growth rate of 8.4 per cent through the next four years, according to…
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Jeddah
News
Jeddah

UAE: optimised promotions strategy can drive Ramadan sales, GfK reveals

April 4, 2023
To increase sales this Ramadan, UAE brands should implement an optimised promotions strategy, according to GfK research. The study by GfK from 2018 to 2021 demonstrates that brands that ran…
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e-commerce News

Mena customers are more likely to shop for beauty products in physicals stores compared to Europeans, research finds

March 28, 2023
Mena customers are much less likely to shop for health and beauty care items online compared to customers in Europe, according to the 2023 RetailX Health and Beauty Marketplaces report.…
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Malls News

Majid Al Futtaim’s consolidated revenue reached AED 36.3 billion in 2022

March 6, 2023
Majid Al Futtaim’s revenue has reached AED 36.3 billion, with EBITDA growing by four per cent, according to the Group’s latest financial results report for 2022. Across the Group portfolio,…
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  • Cara Jewellers recognised as ‘Contemporary Jewellery of the Year’ posted on March 15, 2023
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